Refer to the information provided in Table 24.7 below to answer ...

[Bernana]

Question 1

Refer to the information provided in Table 24.7 below to answer the question(s) that follow.

Refer to Table 24.7. Assuming constant 
MPC, at income of $1,100 million, consumption is $________ million, and at income of $1,400 million, consumption is $________ million.

◦ 720; 960
◦ 740; 980
◦ 760; 1,000
◦ 780; 1,020

Question 2

Refer to the information provided in Table 24.7 below to answer the question(s) that follow.

Refer to Table 24.7. Assuming constant 
MPC, at income of $1,300 million, saving is $________ million, at income of $1,500 million, saving is $________ million.

◦ 170; 210
◦ 180; 220
◦ 190; 230
◦ 195; 235

[bubulittle310@msn.cn]

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[Bernana]

Thanks for the timely response, appreciate it

[scikid]

YES! Correct, THANKS for helping me on my review